Just a little over seven months after being hacked for an estimated ¥6.7 billion yen ($60 million), Japanese cryptocurrency exchange Zaif is reportedly set to resumed activity. As previously reported, the infamous hack occurred on Friday, September 14th, when the hackers broke into Zaif exchange… Read More
Festicket, a UK-based music festival experience marketplace, is set to close its equity crowdfunding campaign on Crowdcube with nearly £4.1 million in funding. The funding round, which launched last month, sought to raise £4 million. Festicket attracted £3.5 million prior to the campaign’s launch. As… Read More
Crate Brewery, a microbrewery and pizzeria located at The White Building in London’s Hackney Wick, is set to close its equity crowdfunding round on Crowdcube with more than 800,000 in funding from nearly 1220 investors. Founded in 2012, Crate claims it has become one of… Read More
Visa (NYSE: V) announced on Thursday it has joined forces with financial platform Wave to create a new, limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. According to the duo, Wave’s… Read More
St. Louis, Missouri based crowdfunding platform Nvsted announced on Thursday it was celebrating its first birthday. As previously reported, Nvested claimed its platform as the “first hyper-local regulation crowdfunding portal” around. Regulation Crowdfunding, or Reg CF as it is commonly called, enables issuers to raise… Read More
Dutch private equity firm NPM Capital announced on Thursday it has acquired 35% stake in fintech startup Ohpen. Founded in 2009, Open revealed that its mission is to develop the “best” core banking engine in the world. “Built by former bankers to administer retail investment and… Read More
Less than a year after raising £1.1 million on Seedrs, Riversimple, a Wales-based hydrogen-electric car company, has returned to the equity crowdfunding platform to raise £750,000. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount of… Read More
BitGive, a Bitcoin 501(c)(3) nonprofit announced this week it has formed a partnership with Uphold, a digital money platform, to have donation tracking platform GiveTrack integrated with Uphold through API. BitGive reported that through the integration, users will be able to donate to any of… Read More
Qtum, a blockchain application platform, announced this week the launch of its enterprise blockchain solution, Unita. According to Qtum, Unita securely stores data, utilizes existing developer tools and automates information transfer processes for businesses at a groundbreaking speed of 10,000 transactions per second. The platform… Read More
Genba Digital, a UK-based company that is aiming to streamline the multi-billion pound market, has successfully surpassed £525,000 through its crowdfunding campaign on SyndicateRoom. The company is currently seeking £750,000 with a pre-valuation at £4,507,698. Founded in 2015, GENBA is an API driven digital logistics… Read More
U.S.-based independent mobile remittance company Remitly announced on Thursday it has launched its international money transfer service in France. Customers may now access the Remitly service through its mobile app or website and benefit from a variety of secure and convenient money sending and receiving… Read More
Cryptocurrency exchange Coinbase announced on Wednesday it is expanding its crypto-to-crypto support to more than 10 countries around the world, with the total amount of countries being offered the support now up to 53. The platform revealed: “One year ago, Coinbase served customers in 32… Read More
T-Mobile (NASDAQ: TMUS) recently announced the launch of its new T-Mobile MONEY, which is a no-fee, interest-earning, mobile-first checking account that anyone can open and manage right from their smartphone. T-Mobile reported that with T-Mobile MONEY eligible Un-carrier customers can earn an industry-leading 4.00% Annual… Read More
Ally Financial Inc. (NYSE: ALLY), a U.S.-based digital financial services company, announced on Thursday it has partnered with mortgage disruptor, Better.com, to create an end-to-end digital mortgage experience for consumers looking for a mortgage loan from the Ally platform. Ally reported that in addition to… Read More
R8, a UK-based fintech startup, has appointed Twitter founder Biz Stone to its board as it prepares to list on the London Stock Exchange. Founded in 2015 by a collective of entrepreneurs, technologists, and bankers, R8’s goal is to promote its vision o banking of… Read More
Lendified, a Canada-based lender who provides small business loans online, announced on Wednesday it secured $15 million through its latest funding round with institutional and private investors. The investors include CI Financial Corp., Windsor Private Capital Limited Partnership, FirePower Capital, and a group of high… Read More
Credit Kudos, challenger credit bureau and commercial applications provider of open banking, announced on Thursday it raised £2.2 million through its latest round of funding, which was led by Ascension Ventures through its social impact fund Fair by Design, with additional investment from existing investors NFT… Read More
Bankin, a France based banking management mobile app creator, announced on Thursday it secured €20 million through its Series B investment round. Founded in 2011, Bankin reported that the mobile app implies the money management process. The company believes that money management should be simple… Read More
The European Investment Bank (EIB) announced on Wednesday it will lend €100 million to small businesses through online lending platform Funding Circle. According to the banking group, the investment, alongside a further €25 million from a leading global asset manager, will support more than 2,000… Read More
Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it has listed Basic Attention Token (BAT), Ether (ETH), Litecoin (LTC), Binance Coin (BNB), XRP, Enjin Coin (ENJ), as well as Crypto.com’s own MCO and CRO tokens. Crypto.com reported: “The Basic Attention Token (BAT) aims to improve… Read More
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